Follow the leader $BID $SPY $SPX $DIA $DJIA #heikinashi #markets #equities #trading

Sotheby’s ($BID) and $SPY monthly chart

 

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Sotheby’s ($BID) daily chart

• (-) Obvious downtrend
• Resistance = Ichimoku cloud
• (—) Failure @zero
• (+) Top signaled in advance by haDelta

 

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Sotheby’s ($BID) weekly chart

• (-) Downtrend
• (-) A long journey to the upper border of the cloud
• (+) Positive divergence mid-August – beginning of October

 

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Sotheby’s ($BID) monthly chart

• (!) On the edge (bottom of the Ichimoku cloud)

 

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